Structural economic models, while parsimonious and interpretable, often exhibit poor data fit and limited forecasting performance. Machine learning models, by contrast, offer substantial flexibility ...

Forecasting inflation has become a major challenge for central banks since 2020, due to supply chain disruptions and economic uncertainty post-pandemic. Machine learning models can improve forecasting ...

In some ways, Java was the key language for machine learning and AI before Python stole its crown. Important pieces of the data science ecosystem, like Apache Spark, started out in the Java universe.